What is staked Olympus?

To unstake OHM, you go to our website and select “unstake.” You send sOHM back to the staking contract to receive OHM at 1:1 . The protocol distributes tokens by sending them to the staking contract without asking for sOHM back.

What is Staking. Staking is the primary value accrual strategy of Olympus . Stakers stake their OHM on the Olympus website to earn rebase rewards. The rebase rewards come from the proceed from bond sales, and can vary based on the number of OHM staked in the protocol and the reward rate set by monetary policy.

Under “Swap” input DAI amount you want to convert. Search for OHM in the Swap To cell and purchase Ohm. Follow the prompts. Keep paying the fees in ETH until you have OHM in your wallet.